Evening Market Recap - Monday, 1-Apr

US equities closed mostly lower, though off worst levels, in fairly uneventful Monday trading. It’s been a very quiet session to start April and Q2, though there are a few moving pieces in view coming out of the long holiday weekend, including momentum, growth, and tech outperformance after lagging in March and last week as breadth improved. In macro news, ISM manufacturing unexpectedly moved into expansion, snapping a 16-month streak of contractionary readings in March.